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SSD Manufacturer OCZ Preparing For Bankruptcy
JDG1980 writes "OCZ, a manufacturer of solid-state drives, says it will file for bankruptcy. This move is being forced by Hercules Technology Growth Capital, which had lent $30 million to OCZ under terms that were later breached. The most likely outcome of this bankruptcy is that OCZ's assets (including the Indilinx controller IP) will be purchased by Toshiba. If this deal falls through, the company will be liquidated. No word yet on what a Toshiba purchase would mean in terms of warranty support for OCZ's notoriously unreliable drives."
...and not a single customer was surprised.
They used to sell memory, but the margins could support their high rate of rma replacements, so they gave up.
I'm surprised they never turned around their rather cavalier approach to QA since it cost them a lot of money for years and years.
I built over 50 computers with OCZ SSDs and about 40 of them had to be flashed to the latest firmware before they operated correctly.
In some parts of the universe, we call not working correctly 80% of the time 'unreliable'.
Even if it's fixed, that kind of reputation hangs around for a long time.
But they're not incorrectly working 80% of the time, they're incorrectly working once, fixed, and then they work for the rest of the products life.
So they magically fix themselves?
If I buy something, I want it to work out of the box. If it didn't work out of the box 80% of the time, I'd call it 'unreliable'. I wouldn't care whether I can download some program from the Internet to fix it, you'd already have lost me as a customer.
I can't understand how some one like you would want to build a computer. Your complaints would put legos or megablocks out of business.
I've built four computers for my own use in the last four years. They all worked out of the box, and are all still working.
Why shouldn't I expect a new computer built from new parts to just work?